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...fail so that we can allow them to fail. I don't know exactly how to do this - does anyone? - but that's how we solve the problem of letting the small fry fail while saving the wounded whales. Perhaps, as many have urged lately, we can start by reviving elements of the Glass-Steagall Act that kept old-fashioned banks out of the far riskier investment business. And out of big trouble. As we've seen, most of the giant rescued institutions didn't understand their problems until it was too late, so how do you expect a regulator...
...subterranean music venue on 47 Palmer Street, in the heart of Harvard Square—books new and established folk and acoustic acts nightly (and by that I mean every night, seven days a week). It has been a musical institution for over 50 years, since its start as Club 47 in 1958. The venue secured a place in America’s cultural history as an epicenter of the folk movement in the 60s, hosting legends like Joan Baez, like Joni Mitchell, like Tom Rush, Judy Collins, Suzanne Vega, and Bob Dylan...
...Hong Kong is not the first city to have green ships. Captain Cook Cruises in Sydney's harbor has been running a hybrid Solar Sailor ship since 2000. In Berlin, the mayor christened a solar ferry in July, and Shanghai will have its own Solar Sailor ferry by the start of the 2010 World Expo. Founded in 1999, the company's innovative designs won the Australian Design Award of the Year, and Solar Sailor became the first Australian company recognized by the prestigious Tech Museum Awards. The inspiration for the solar sails, says Robert Dane, CEO of Solar Sailor...
...them across the world's oceans. Cosco, China's biggest shipping company, has inked an agreement with Solar Sailor for giant solar sails to be retrofitted on some of Cosco's tanker ships. The solar wings would be almost 115 ft. long, and Solar Sailor expects the wings to start saving Cosco money after only four years. The Japanese company NYK Line launched the M/V Auriga Leader in 2008, the world's first cargo ship partly run on solar power. With 328 solar panels covering its upper deck, the ship produces enough electricity to continuously power 10 homes...
...Princeton’s Ben Bologna kicked off the start of the game, there were zero people in the stands in front of me. Z-E-R-O in all of Section 35—the traditional student section...